NasdaqGS:SAFTInsurance
Safety Insurance Group (SAFT) Doubles Credit Facility, Is The Stock Already Expensive?
Safety Insurance Group (SAFT) recently amended its revolving credit agreement, doubling the committed facility from $50 million to $100 million and extending the maturity to June 2031. This provides investors with updated information on the company’s available liquidity.
See our latest analysis for Safety Insurance Group.
The revolving credit amendment arrives after a stronger short term run in Safety Insurance Group’s stock, with a 1 month share price return of 7.18% and a 1 year total...